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(NASDAQ: META) Lawsuit</span></span></div></div>  <div class="content"> <div class="container"> <article id="post-36492" class="post-36492 breaks type-breaks status-publish hentry breaks-categories-news"> <header class="entry-header"> <h1 class="entry-title">AINewsBreaks – Supreme Court Decision on Meta Platforms Inc. (NASDAQ: META) Lawsuit</h1> </header> <div class="single-article-left"> <h6 class="grey">Company: <a href="/market-research/?qmtab=detailedquotetabchartnews_qmsymbol=META">Meta Platforms Inc. (META)</a> </h6> <h6 class="category grey">Category: <a href="https://ainewswire.com/breaks/news/" title="View all posts in News" >News</a> </h6> <p class="breaks-article-date">November 22, 2024</p> <div class="entry-content"> <p><strong></strong></p> <p>The U.S. Supreme Court has opted not to rule on a securities fraud lawsuit against <a href="https://www.investorbrandnetwork.com/market-research/?qmtab=detailedquotetabchartnews_qmsymbol=META" target="_blank" rel="noreferrer noopener"><strong>Meta (NASDAQ: META)</strong></a>. The lawsuit accuses Facebook, a subsidiary of Meta, of misleading investors about the misuse of user data on its platform. This decision leaves the case unresolved, as the court has chosen to sidestep the issue rather than allowing it to proceed.</p> <p><strong> </strong></p> <p>Meta’s stock price currently stands at <strong>$558.10</strong>, reflecting a decrease of approximately <strong>0.89%</strong> or <strong>$4.99</strong>. This decline may be influenced by the ongoing legal uncertainties surrounding the company. During the trading day, META’s stock has fluctuated between a low of <strong>$556.49</strong> and a high of <strong>$563.83</strong>, indicating some volatility in investor sentiment.</p> <p><strong> </strong></p> <p>Over the past year, META’s stock has experienced significant fluctuations, reaching a high of <strong>$602.95</strong> and a low of <strong>$313.66</strong>. This wide range highlights the challenges and opportunities faced by the company, including legal issues like the unresolved lawsuit. Despite these challenges, Meta maintains a substantial market capitalization of approximately <strong>$1.41 trillion</strong>.</p> <p><strong> </strong></p> <p>Today’s trading volume for META is <strong>2,233,190</strong> shares, suggesting active investor interest. The unresolved lawsuit and its potential implications for the company may be contributing to this heightened trading activity. Investors are likely keeping a close eye on any developments related to the case and its impact on Meta’s financial performance.</p> <p><strong> </strong></p> <p>To view the company’s most recent earnings release, visit <a href="https://ibn.fm/BSaMl" target="_blank" rel="noreferrer noopener"><strong>https://ibn.fm/BSaMl</strong></a></p> <p><strong> </strong></p> <p><strong>About</strong> <strong>Meta Platforms Inc.</strong></p> <p><strong> </strong></p> <p>Meta builds technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. For more information, visit the company’s website at <a href="https://investor.FB.com" target="_blank" rel="noreferrer noopener"><strong>https://investor.FB.com</strong></a>.</p> <p><strong>About AINewsWire</strong></p> <p><a href="https://ainewswire.com/" target="_blank" rel="noopener">AINewsWire</a> (“AINW”) is a specialized communications platform with a focus on the latest advancements in artificial intelligence (“AI”), including the technologies, trends and trailblazers driving innovation forward. It is one of 70+ brands within the <a href="https://www.investorbrandnetwork.com/dynamic-brand-portfolio/" target="_blank" rel="noopener"><strong>Dynamic Brand Portfolio</strong></a> @ <a href="https://www.investorbrandnetwork.com/" target="_blank" rel="noopener"><strong>IBN</strong></a> that delivers<strong>:</strong> (1) access to a vast network of wire solutions via <a href="https://www.investorwire.com/" target="_blank" rel="noopener">InvestorWire</a> to efficiently and effectively reach a myriad of target markets, demographics and diverse industries<strong>;</strong> (2) article and <a href="https://www.investorbrandnetwork.com/solutions/press-distribution-via-investorwire/syndication-partners/" target="_blank" rel="noopener">editorial syndication to 5,000+ outlets</a><strong>;</strong> (3) enhanced <a href="https://www.investorwire.com/investorwire-press-distribution/press-release-enhancement/" target="_blank" rel="noopener">press release enhancement</a> to ensure maximum impact<strong>;</strong> (4) <a href="https://www.investorbrandnetwork.com/social-media-network/" target="_blank" rel="noopener">social media distribution</a> via IBN to millions of social media followers<strong>;</strong> and (5) a full array of tailored <a href="https://www.investorbrandnetwork.com/solutions/" target="_blank" rel="noopener">corporate communications solutions</a>. 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By cutting through the overload of information in today’s market, AINW brings its clients unparalleled recognition and brand awareness.</p> <p>AINW is where breaking news, insightful content and actionable information converge.</p> <p><strong>To receive SMS alerts from AINewsWire, text “AI” to 888-902-4192 (U.S. Mobile Phones Only)</strong></p> <p>For more information, please visit <a href="http://www.ainewswire.com/" target="_blank" rel="noopener">www.AINewsWire.com</a></p> <p>Please see full terms of use and disclaimers on the AINewsWire website applicable to all content provided by AINW, wherever published or re-published: <a href="https://ainewswire.com/Disclaimer" target="_blank" rel="noopener">https://www.AINewsWire.com/Disclaimer</a></p> <p>AINewsWire<br />Los Angeles, CA<br /><a href="https://ainewswire.com/" target="_blank" rel="noopener">www.AINewsWire.com</a><br />310.299.1717 Office<br /><a href="mailto:Editor@AINewsWire.com" target="_blank" rel="noopener">Editor@AINewsWire.com</a></p> <p>AINewsWire is powered by <a href="https://www.investorbrandnetwork.com/" target="_blank" rel="noopener">IBN</a></p> </div> <nav class="navigation post-navigation" aria-label="Posts"> <h2 class="screen-reader-text">Post navigation</h2> <div class="nav-links"><div class="nav-previous"><a href="https://ainewswire.com/ainewsbreaks/ainewsbreaks-mcewen-mining-inc-nyse-mux-tsx-mux-poised-for-opportunity-amid-rising-demand-for-ai-metals/" rel="prev"><span class="meta-nav" aria-hidden="true">Previous</span> <span class="screen-reader-text"></span> <span class="post-title">AINewsBreaks – McEwen Mining Inc. 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